Brief: China Tonghai International Financial Got Letter On Appointment Of Receivers Over 4.10 Bln Shares

Quam Plus International Financial

27/10/2021 13:50

Oct 27 (Reuters) - China Tonghai International Financial Ltd
 0952.HK :
    * CHINA TONGHAI INTERNATIONAL FINANCIAL-GOT A LETTER
REGARDING
APPOINTMENT OF JOINT AND SEVERAL RECEIVERS OVER 4.10 BILLION
ORDINARY SHARES OF CO
    * CHINA TONGHAI INTERNATIONAL FINANCIAL-RECEIVERS APPOINTED
PURSUANT TO DEED BETWEEN OCEANWIDE HOLDINGS IF AND SPRING
PROGRESS INVESTMENT SOLUTIONS
    * CHINA TONGHAI INTERNATIONAL FINANCIAL-OCEANWIDE HOLDINGS
IF IN
ACTIVE DISCUSSIONS AND NEGOTIATIONS WITH APPOINTER SETTLEMENT ON
REDEMPTION OF NOTES
    * CHINA TONGHAI INTERNATIONAL FINANCIAL-DISCUSSIONS ALSO ON
PAYMENT OF ACCRUED INTEREST ON NOTES UNDER SUBSCRIPTION
AGREEMENT
    * CHINA TONGHAI INTERNATIONAL FINANCIAL-IF RECEIVERS
EXERCISE
RIGHT TO SELL CHARGED SHARES, SALE MAY TRIGGER MANDATORY GENERAL
OFFER
    * CHINA TONGHAI INTERNATIONAL FINANCIAL -  IN ACTIVE
DISCUSSIONS
TO TERMINATE APPOINTMENT OF RECEIVERS OVER CHARGED SHARES
    * CHINA TONGHAI INTERNATIONAL FINANCIAL-SUBSCRIPTION
AGREEMENT WAS
ENTERED BETWEEN APPOINTER AS & OCEANWIDE HOLDINGS IF AS ISSUER
DATED 3 DEC 2018
    * CHINA TONGHAI INTERNATIONAL FINANCIAL-AGREEMENT WAS FOR
SUBSCRIPTION OF NOTES ISSUED BY OCEANWIDE HOLDINGS IF & NOTE
INSTRUMENT DATED 4 DEC 2018
    * CHINA TONGHAI INTERNATIONAL FINANCIAL - APPLICATION MADE
FOR
RESUMPTION OF TRADING IN SHARES OF CO FROM 28 OCT

Source text for Eikon:  ID:nHKS4pPd77 
Further company coverage:  0952.HK 

 (Reuters.briefs@thomsonreuters.com)